nmike

SPY update(daily)

AMEX:SPY   SPDR S&P 500 ETF TRUST
21
Spy is currently holding just above the 181.75 pivot and the short term Trix(5) is holding above mid point. Two near term possibilities: if we break the 181.75 pivot we could see SPY fall to the .382 Fib level or to the bottom of BB(34) or we bounce up from here to test previous high.

FISHER / TRIX 34ma system
and sample charts

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.